How strong is the hunch? This person spent $22,000 on buying the options. Unless you are a person who regularly trades this kind of money, the SEC will ask why

How strong is the hunch? This person spent $22,000 on buying the options. Unless you are a person who regularly trades this kind of money, the SEC will ask why you felt so confident in it that you made that bet. If you're a regular "low level Splunk or Cisco employee" who honestly has no access to insider information and you honestly just have a "hunch," you're probably not making a bet at the level that the SEC cares about.